Why is Rajshree Sugars falling/rising?

As of 17-Sep, Rajshree Sugars & Chemicals Ltd is currently priced at 41.28, reflecting a slight increase of 0.11 or 0.27%. Today's price summary indicates that the stock's performance is in line with its sector, although it is trading higher than the 20-day moving averages but lower than the 5-day, 50-day, 100-day, and 200-day moving averages. Despite a recent increase in investor participation, with delivery volume rising by 175.94% against the 5-day average, the company faces significant challenges. The stock has generated a return of -42.71% over the past year and has reported poor financial performance, including operating losses and a high debt-to-equity ratio of 3.97 times, which signifies weak long-term fundamental strength.
In the broader market context, the stock's short-term return of -0.82% over the past week contrasts with the Sensex, which has increased by 1.56% during the same period. This underperformance highlights the stock's struggles relative to the broader market. Additionally, the company has shown negative results in its recent quarterly performance, with substantial declines in profit before tax and net sales. The high percentage of pledged promoter shares (99.86%) further adds to the stock's risk, particularly in a declining market, which may exert additional downward pressure on its price. Overall, the combination of weak financial fundamentals and poor performance relative to both historical benchmarks and the broader market contributes to the stock's current challenges.